This $4 Billion Mall Deal Could Hit Retailers With Higher Rents

The giant private equity firm Blackstone bought a shopping center landlord, and rents at strip- and mini-malls will likely climb, hitting grocers, pharmacies, and retailers in urban areas.

Topics

ServiceTitan’s planned IPO could come with a more than $5 billion valuation

The Glendale, Calif.-based company could raise up to $500 million in its initial public offering.
MarketWatch - 6h
Banks hit credit card users with higher rates in response to regulation that may never arrive

CFPB regulation meant to save consumers $10 billion a year has resulted in higher costs for some, as banks react by hiking interest rates and charging new fees.
CNBC - 6h
Banks hit credit card users with higher rates in response to regulation that may never arrive

Banks that issue credit cards used by millions of consumers raised interest rates and introduced new fees over the past year in response to an impending regulation that most experts now believe ...
NBC News - 1h
Americans expected to spend $13 billion total on Cyber Monday deals

Consumers are focusing on finding deals on Cyber Monday and American spending is expected to rise compared to 2023. CBS MoneyWatch correspondent Kelly O'Grady breaks down the spending trends for 2024.
CBS News - 22h
Predicting doubling of private-credit market, BlackRock strikes $12 billion deal for HPS

In a widely anticipated announcement, BlackRock said it had reached an agreement to buy HPS Investment Partners for $12 billion in stock.
MarketWatch - 3h
Sports Direct under fire for misspelt Cymru hat

Sports Direct have been caught selling a bobble hat branded with "Cyrmu" instead of Cymru.
BBC News - 5h
The Witcher 4 Devs Tease Some Of What CD Projekt Red Is Planning

It's been almost 10 years since The Witcher 3: The Wild Hunt hit consoles. While the next installment in the series is still a ways away, CD Projekt can't wait to show fans what it has in store ...
GameSpot - 1d
Virginia man charged with murder 4 months after wife vanished

Mamta Bhatt's body still has not been found, but investigators linked her DNA to the blood found in the couple's home, police said.
CBS News - 6h
Clickbait but true: Joe Burrow of the 4-8 Bengals deserves MVP consideration

Joe Burrow is putting up ridiculous numbers, but Cincinnati's defense has torpedoed the Bengals season.
Yahoo Sports - 4h
It Can’t Be Assumed That Higher Turnout Would Have Helped Harris

Voting records suggest Democrats who stayed home were less likely to support her, with no equivalent drop-off in Trump support among Republicans.
The New York Times - 8h